$1,000,000
$1,250,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
4,493 SqFt
SOLD DATE : 11/30/2020
Key Details
Sold Price $1,000,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,493 sqft
Price per Sqft $222
Subdivision Rock Point
MLS Listing ID MDCH216254
Sold Date 11/30/20
Style Cape Cod,Bungalow,Cottage,Ranch/Rambler
Bedrooms 8
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 4,493
Originating Board BRIGHT
Year Built 1945
Annual Tax Amount $4,631
Tax Year 2020
Lot Size 2.947 Acres
Acres 2.95
Property Description
Welcome to the breathtaking Cedar Lane Estate. This property is teeming with potential, consisting of two lots being sold together and a total of three residential homes, all currently leased and producing income. 16181 Cedar Ln. is a 3 bedroom, 2 bathroom cape cod on one lot with a private pier/dock. This home features a detached 2 car garage, carport, large deck, large front porch, fenced back yard, large master suite, and plenty of updates throughout. On the other lot sits two waterfront cottages, one with 2 bedrooms & 1 bathroom, the other with 3 bedrooms & 1 bathroom. Both cottages have plenty of outdoor living space with incredible waterfront views. This lot also includes several sheds/outbuildings, beautiful mature trees, plush green lawns, and a commercial sized fishing dock! The land itself is really the star of the show at this estate. A rip rap seawall has been constructed to protect the property from erosion. Formerly the home of a local oyster house, this unique property of nearly 3 acres is abundant with wildlife, gorgeous vegetation, and some of the best water views around. A concrete block wall around the interior lot line provides privacy and seclusion. Enter this oasis though a grand wrought iron gate, custom made for this estate (gate is wired with electricity for lighting and gate operation, not currently in working order). All three homes operate on geothermal heat and A/C. Opportunity and potential for this property is endless. Build your dream home, add a couple additional rental homes, or both! The possibilities are truly limitless. This is an excellent and rare opportunity for an investor or someone who is dreaming of their own private paradise. Seller will finance the sale. Please bring all serious offers. *ABSOLUTELY NO TRESPASSING OR DRIVE-BY'S . SHOWN BY APPOINTMENT ONLY. THESE HOMES ARE TENANT OCCUPIED. PLEASE RESPECT THEIR SPACE AND PRIVACY.*
Location
State MD
County Charles
Zoning RV
Rooms
Main Level Bedrooms 8
Interior
Interior Features Breakfast Area, Bar, Carpet, Ceiling Fan(s), Combination Kitchen/Living, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s), Soaking Tub, Stall Shower
Hot Water Electric
Heating Heat Pump(s)
Cooling Geothermal, Central A/C
Flooring Tile/Brick, Ceramic Tile, Partially Carpeted
Fireplaces Number 1
Equipment Dishwasher, Dryer - Electric, Built-In Microwave, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Furnishings No
Fireplace Y
Appliance Dishwasher, Dryer - Electric, Built-In Microwave, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Heat Source Geo-thermal
Laundry Has Laundry
Exterior
Exterior Feature Deck(s), Balcony, Patio(s), Porch(es)
Garage Garage - Front Entry, Additional Storage Area
Garage Spaces 4.0
Fence Masonry/Stone, Partially, Privacy, Other
Waterfront Y
Waterfront Description Rip-Rap,Private Dock Site
Water Access Y
Water Access Desc Fishing Allowed,Private Access,Swimming Allowed,Boat - Powered,Canoe/Kayak,Personal Watercraft (PWC)
View Marina, Panoramic, River, Water
Roof Type Shingle
Accessibility No Stairs
Porch Deck(s), Balcony, Patio(s), Porch(es)
Parking Type Detached Garage, Driveway, Attached Carport
Total Parking Spaces 4
Garage Y
Building
Lot Description Cleared, Front Yard, Private, Rear Yard, Rip-Rapped, Secluded, SideYard(s), Trees/Wooded
Story 2
Foundation Block
Sewer Community Septic Tank, Private Septic Tank
Water Well
Architectural Style Cape Cod, Bungalow, Cottage, Ranch/Rambler
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Paneled Walls,Beamed Ceilings
New Construction N
Schools
School District Charles County Public Schools
Others
Senior Community No
Tax ID 0905014514, 0905033284
Ownership Fee Simple
SqFt Source Estimated
Security Features Security Gate
Acceptable Financing Seller Financing, Cash, Conventional
Listing Terms Seller Financing, Cash, Conventional
Financing Seller Financing,Cash,Conventional
Special Listing Condition Standard
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Bought with Deborah D Shapiro • TTR Sothebys International Realty